earnings
confidence high
sentiment positive
materiality 0.65
Getty Realty reports Q4 AFFO $0.60/shr, FY AFFO $2.34/shr; invested $209M in 2024
GETTY REALTY CORP /MD/
2024-FY EPS reported
$1.25
revenue$203,391,000
- Q4 net earnings $0.39/shr, FFO $0.57/shr, AFFO $0.60/shr.
- FY 2024 net earnings $1.25/shr, FFO $2.21/shr, AFFO $2.34/shr (+4% YoY).
- Invested $209.0M across 78 properties at 8.3% initial cash yield in FY 2024.
- Q4 investments: $76.4M across 21 properties at 8.9% initial cash yield.
- Raised ~$290M in 2024; $240M of committed capital available for acquisitions.